Today, we are going to see that if you are a GST composition dealer, how you can pass accounting entries in tally for that including sales and purchases transactions in tally. As a composition dealer, you have to normally pay GST tax when you purchase something but when you sell anything, you cannot collect taxes […]
Category Archives: GST
24
Nov
Nov
Today, we are going to learn how to generate and file GSTR 3B in Tally ERP 9. It is one of the most used features of tally. GSTR 3B is a summary return. It includes a summary of GSTR 1 and GSTR 2. We have already seen both GSTR 1 in Tally and GSTR 2 […]
02
Nov
Nov
Today we are going to see GSTR 2 in Tally ERP 9 which is the second GST return used for recording GST purchases in tally. GSTR 1 in Tally used to record sales in tally. GSTR 2 contains the information about all of your purchases. It means it will be sales for the other parties […]
27
Oct
Oct
Today, we are going to learn about GST Reverse Charge Entry in Tally ERP 9 in detail including freight and transportation charges as well. I have already explained GST Accounting Entries in Tally but now we are going to see the entire reverse charge mechanism for gst accounting entries in tally. Reverse Charge Mechanism is […]
09
Oct
Oct
When we start a business, there is a simple way to pass basic accounting entries in tally. They are called business startup entries in tally. Starting a business is in itself is a mammoth and tough task. With that, basic business accounting is one of the most important tasks. Because without basic accounting, you won’t […]
13
Aug
Aug
Today, we are going to look at each and every type of GST tax payment entry in Tally ERP 9. We have already seen how to pass GST accounting entries in tally. Once they are done, we have to pay our taxes or take credit. There are different journal entries in tally along with statutory […]
09
Aug
Aug
In this post, we are going to look at tally entries for a construction company. We will also be looking for accounting entries for works contract in tally. It is because construction and works contract are inter-related. In short, we are going to look at everything in tally there is, related to construction or real […]
05
May
May
If you are a CA, you must be knowing that a special auditor’s version of Tally ERP 9 is available. And, that too at a highly discounted rate. But before buying tally from anywhere else, please read all the details in this post Many people are selling fake tally software in the name of discounts. […]
04
May
May
In this post, we will see how you can create a sales order in tally with GST. We have already seen purchase order in tally with GST and it was very easy as well. Today, we are going to see the exact opposite of that. Sales order comes under the inventory vouchers in tally. There […]
30
Apr
Apr
Rejections In voucher and Rejections Out voucher in tally are the inventory vouchers in tally. Let me tell you that these vouchers are used for returns of goods which are defective or damaged to get the replacement of the new goods. Rejections In voucher in tally is used for sales returns i.e. return of the […]
26
Apr
Apr
Accounting vouchers are the most used vouchers in tally. In fact, over 80% of the work in tally can be done by using accounting vouchers in tally. With the introduction of GST in tally, you have to look at all the vouchers in tally along with GST. Today, we will look at different types of […]